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Economy And The Numbers

Rising Business Confidence Shows German Economic Resilience Amid Industrial Recovery

By Jyotsna V   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Business sentiment in Germany strengthened slightly in April as companies raised their expectations though they were less upbeat regarding the current situation, results of the latest ifo survey showed Monday.

Elsewhere, the Bundesbank said in its monthly report that the German economy grew better-than-expected in the first quarter of this year due to the stronger rebound in the industrial sector, while private consumption was damped by the persistently high inflation.

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